Ooooh, it's so much more cozy here on this thread, where Gold is $800, and we all agree.....NOT.
Just answer this one question, and I will leave you all in peace, to polish your gold bars:
Given that we operate in a fully informed market, and all the news is out, for all the World to see i.e.
* The huge increase in the money supply;
* Rampant inflation on the way;
* Collapsing asset prices;
With so much talk about GOLD, and it's perceived virtues......
WHY is the price dropping? Why isn't the whole world buying Gold like there's no tomorrow?
A considered answer, and please no consipiricy theories fellas, would be greatly appreciated.
Cheers, Skip....pass the brasso, please.
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